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Questions - Auto Bailouts - April 23-24, 2012

Majority Says GM Ownership Should Have Been Left to Private Sector
59% View Money-Losing Auto Bailouts As a Failure
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National Survey of 1,000 Adults
Conducted April 23-24, 2012
By Rasmussen Reports

 

 

1* How closely have you followed news reports about the government bailouts of the auto industry?

 

2* Looking back, was the government bailout of General Motors and Chrysler a success or a failure?

 

3* When it comes to the government bailout of GM and Chrysler, did the government make money, lose money or break even?

 

4* General Motors went through a special bankruptcy process allowing the federal government to take over the company in exchange for bailout money. Was it appropriate for the government to use a special bankruptcy process in exchange for bailout money or would it have been better to use the regular procedures and leave ownership of General Motors in the private sector?

 

5* If General Motors had gone through the regular bankruptcy process, would private investors have put up money to take control of the company?

 

6* If General Motors had gone through the regular process and private investors bought the company, would most General Motors workers still have their jobs?

 

7* If private investors had taken over General Motors instead of the government, would the CEO have been given a $20 million severance package after being fired?

 

8* Suppose General Motors had gone through the regular bankruptcy process and avoided government ownership. If the company had been taken over by private investors instead of the government, would it be better off today?

9* Official estimates indicate that the government will lose tens of billions of dollars on the auto bailouts. Knowing that the government lost money on the auto bailouts, would you say that the bailouts were a success or a failure?

NOTE: Margin of Sampling Error, +/- 3 percentage points with a 95% level of confidence